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Fiscal third-quarter sees Lightspeed continue growth trajectory with revenue increasing 79 percent year-over-year (BETAKIT)
The Montreal company’s revenue totalled $57.6 million when accounting for the addition of its recent acquisitions, ShopKeep and Upserve.
The 5-minute shopping spree. How robots are turbo-charging your online orders (GLOBAL NEWS)
Canadian industry is lagging behind global leaders when it comes to automation, according to warehouse automation consultant Ben Angel.
Initiative to promote Black-owned businesses goes national with launch of new database (CBC)
How one entrepreneur is hoping to push the ‘buy Black’ movement into higher gear.
Amazon bid to delay union vote rejected; ballots out Monday (BLOOMBERG)
It’s the largest union vote to date at Amazon, which has long had an adversarial relationship with organized labor and has managed to avoid unions in its U.S. operations.
Uber agrees to buy alcohol delivery service Drizly for $1.1 billion (CNBC)
Following the completion of the transaction, Drizly’s marketplace will be integrated with the Uber Eats app.
Amazon’s new CEO, Andy Jassy, can either help workers and sellers — or automate them away (WALL STREET JOURNAL)
One secret of Amazon’s ability to grow rapidly: software and algorithms that manage its millions of employees and marketplace sellers — technologies the executive knows well.
Vivino raises $155 million for wine recommendation and marketplace app (TECHCRUNCH)
The app and the company behind it have been helping people enjoy better wine since 2010, and now the startup has raised $155 million with its Series D round — a sum over twice as large as all of its previous funding to date.
For sale on Etsy: greeting cards and … gun parts? (THE MARKUP)
The Markup found several vendors selling high-capacity ammunition magazines and firearm accessories on Etsy.
Amazon will pay $61.7 million to delivery drivers after withholding tips (LOS ANGELES TIMES)
Amazon’s settlement with the FTC comes nearly two years after the Los Angeles Times first exposed its tip-withholding practices.
Despite record growth, Peloton’s supply chain is hurting its bottom line (MODERN RETAIL)
Peloton’s popularity has surged over the last year, but the fitness company is still struggling to keep up with demand.